Garden State Investment Advisory Services LLC Sells 2,975 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Garden State Investment Advisory Services LLC reduced its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 34.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,601 shares of the company’s stock after selling 2,975 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $277,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of VEA. Bangor Savings Bank boosted its stake in Vanguard FTSE Developed Markets ETF by 0.4% in the second quarter. Bangor Savings Bank now owns 51,300 shares of the company’s stock worth $2,535,000 after buying an additional 201 shares in the last quarter. Center For Asset Management LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 1st quarter. Center For Asset Management LLC now owns 11,895 shares of the company’s stock valued at $597,000 after purchasing an additional 208 shares in the last quarter. New England Private Wealth Advisors LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the 2nd quarter. New England Private Wealth Advisors LLC now owns 8,529 shares of the company’s stock valued at $422,000 after purchasing an additional 209 shares during the last quarter. Orcam Financial Group raised its position in Vanguard FTSE Developed Markets ETF by 0.5% in the 2nd quarter. Orcam Financial Group now owns 39,014 shares of the company’s stock worth $1,928,000 after purchasing an additional 210 shares during the period. Finally, Baldwin Brothers LLC MA lifted its stake in Vanguard FTSE Developed Markets ETF by 1.5% in the second quarter. Baldwin Brothers LLC MA now owns 14,830 shares of the company’s stock worth $733,000 after purchasing an additional 216 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.2 %

NYSEARCA VEA opened at $51.96 on Friday. The firm has a market cap of $136.14 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company has a 50-day simple moving average of $50.75 and a two-hundred day simple moving average of $50.17. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $52.67.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.